News

Bank Indonesia pauses rate cuts, leaves door open to more easing
Indonesia's central bank paused its easing cycle on Wednesday, as expected, while urging commercial banks to reduce lending ...
Bali flights cancelled after Indonesia volcano erupts
Dozens of flights to and from the Indonesian resort island of Bali have been cancelled or delayed after one of country's most ...
Indonesia Holds Key Rate as Global Risks Outweigh Growth Focus
Indonesia’s central bank kept interest rates unchanged, pausing its cuts to support the rupiah in the face of the global ...
Indonesia antitrust agency gives 'conditional' go-ahead for TikTok's Tokopedia takeover
Indonesia's antitrust agency has given its "conditional" blessing to last year's takeover of the country's biggest e-commerce ...
Agrifood giant Wilmar hands over almost two-thirds of its annual profit to Indonesia as ‘security deposit’ for palm oil corruption case
Wilmar International, the Singapore -based agrifood giant, has handed over 11.9 trillion Indonesian rupiah ($729 million) to ...
Indonesia to Sanction Nickel Park Firms for Environment Breaches
Indonesia will sanction companies for environmental breaches at an industrial park that accounts for a large slice of its ...
Dubai Billionaire Hussain Sajwani Doubles Down On Indonesia With $2.3 Billion Data Center Project
Through its unit Edgnex Data Centers, Damac will develop a 144-megawatt data center in Jakarta. First phase of the project ...
Bank Indonesia Stands Pat Amid Uncertainties
Indonesia’s central bank held rates steady on Wednesday, pausing again as external uncertainties make policymakers cautious.